The widely followed analyst summarizes the potential paths of Bitcoin (BTC), Solana (SOL) and other encryption assets.
Analysts known as Investanswers say that 563,000 YouTube subscribers are in the Classic Bear Trap.
Bear traps are interpreted as the beginning of decline when decline is a temporary development.
“I think we are still in the bull market. I am confident that we are still in the bull market. But this bear trap is designed to break the head. Do not leave. Do not leave at this stage. Gentleman ladies. ”
A pseudonym analyst returns to Bitcoin and says that an optimistic anti -war pattern was formed in the password king.
“(Bitcoin) is amazingly staggering this area for seven or eight days (about $ 82,000). So it’s a classic double floor I want to see. ”
Bitcoin is trading $ 81,602 for writing.
In Solana, a pseudonym analyst says that the sixth largest encryption asset is now “rapidly undervalued”.
“A few weeks ago I performed a math model. If Solana obtains the same value as Bitcoin based on revenue based on transactions, the market cap is $ 24 trillion.
$ 2 trillion of Bitcoin. Therefore, it is 12 times more valuable than Bitcoin. And I know that Bitcoin is a store of value and stuff, but just put things in perspective. The cream eventually floats to the top. We just don’t know when. ”
Solana is trading at $ 125 at the time of writing.
https://www.youtube.com/watch?v=jfvhx31y-9k
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Created image: Midjourney